OT: Project management question

  • Thread starter Thread starter Mark
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Mark

Hi, I am a .NET developer and I have been approached by a person with an
idea to make some software for a niche market.

Now, the deal is that I do the programming for the project (my expertise)
based on the other persons recommendations (they have intricate knowledge of
the market area).

Also, we will be using the other persons contacts and market knowledge to
sell the software.

Now, what is the usual way of doing things here in respect to payment/
keepings things fair?

e.g.

Who owns the software?
If we sell the software who gets what percentage (50/50 split)?
Who pays for development costs or do I just work for free since the other
person will be using their contacts and knowledge to sell the software?

Thanks in advance
Mark
 
I think there is no such "classical" thing.
Usually when you don't get paid for doing something, it's yours!
If you both need each other you do a partnership and then there is
negociation.....
You could base the negociation %age on the amount of time it will take for
each if you do it for free...

In your case I will......
Well if I have friendship with this person and I know his/her idea is
reliable I will go for 50/50

well, just my 2cents...
 
Thanks Lloyd! It's a hard one to figure out!
Lloyd Dupont said:
I think there is no such "classical" thing.
Usually when you don't get paid for doing something, it's yours!
If you both need each other you do a partnership and then there is
negociation.....
You could base the negociation %age on the amount of time it will take for
each if you do it for free...

In your case I will......
Well if I have friendship with this person and I know his/her idea is
reliable I will go for 50/50

well, just my 2cents...
 
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